SecurityPDS / Precision Drilling Corp.
InstitutionCovington Capital Management
Shares0
Value $ 0

Covington Capital Management closes position in PDS / Precision Drilling Corp.

May 11, 2018 - Covington Capital Management has filed a 13F-HR form disclosing ownership of 0 shares of Precision Drilling Corp. (NYSE:PDS) with total holdings valued at $0 USD as of March 31, 2018. Covington Capital Management had filed a previous 13F-HR on February 14, 2018 disclosing 300 shares of Precision Drilling Corp. at a value of $1,000 USD. This represents a change in shares of -100.00 percent and a change in value of -100.00 percent during the quarter.

Other investors with closed positions include Point72 Asset Management, L.P., Girard Securities, Inc., Quantitative Investment Management, LLC, Princeton Alpha Management LP, and Henderson Group Plc.

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-03-31 13F-HR PRECISION DRILLING COM 2010 74022D308 0 -100.00 0 -100.00 0 0
2017-12-31 13F-HR PRECISION DRILLING COM 2010 74022D308 3.33 300 0.00 1 0.00 0 0 0.00
2017-09-30 13F-HR PRECISION DRILLING COM 2010 74022D308 300 1


CUSIP: 74022D308